Press On “To-the-Point” Communications Courtesy of EDWARDS Issue 338 — 2016 Unwanted Noise If you work in an open office, what do your colleagues complain about most? Unwanted noise. While these minimalist work spaces reduce visual clutter, open offices tend to have plenty of audible clutter. For many employees, it’s a huge issue. So it’s not all surprising that a new study finds the most desirable “perk” at work is noise reduction, The Atlantic’s City Lab reports. You heard right. The key to workplace productivity and happiness may simply be more peace and quiet. For those difficult-to-please millennials, the desire for quieter workspaces even trumps free food. Oxford Economics performed the study. They surveyed 1,200 employees who work in a variety of industries. More than half of those surveyed complained about noise being a constant issue. Millennials complained the loudest. They said they either wear noise-canceling headphones or go looking for quieter spaces where they can focus. Source: Oxford Economics Loyalty Forrester data shows that 80 percent of large organizations’ marketing leaders said that it’s a top marketing priority for the next year. Additionally, loyalty marketers have revealed a desire to shift from transactional loyalty to more emotional loyalty. Marketers want a deeper, lasting relationship with customers that tugs on both emotions and purse strings. But are they actually executing on it? Forrester surveyed 60 loyalty marketers from North America to find out. Marketers surveyed aspire to, and are investing in, evolving their loyalty programs and initiatives. They turn to loyalty to drive multiple business outcomes including retaining existing customers (of course), engaging customers, improving customer lifetime value, enriching relationships, and even acquiring new customers. Plus, they are invested in their current approach—literally and figuratively. Nearly 80 percent of marketers indicated that their programs and initiatives are effective at retaining existing customers, and a majority of them think they are effective at boosting customer profitability, improving share of wallet, enriching relationships, and enhancing the customer experience. What’s more, the majority of respondents plan to increase their investments in important components of advanced loyalty such as customer experience, analytics, innovation, and mobile. Marketers are indeed thinking of loyalty beyond traditional discounts and points, with a handful even saying they plan to reduce funding for promotions and rewards. Marketers revealed real concerns about the value of their current programs: Three of the top five challenges that loyalty marketers face center on maintaining perceived value, ensuring awareness of the loyalty initiative, and differentiating their approaches from competitors in the marketplace. And these concerns aren’t unfounded. On average, U.S. online adults belong to six loyalty programs, and are more fickle than ever. Plus, the marketers Forrester surveyed indicated that both personalization and measurement are top challenges; both shortcomings which make it even harder to command consumer mindshare in an already crowded environment. Source: Forrester America’s Sweet Tooth While many in America are putting their health first, and we are seeing an increase in the sales of organic eggs to bagged salads to sparkling water, we are also seeing an increase in candy sales. Health trends aside, we see that candy sales are actually growing and not just because June was National Candy Month. In fact, U.S. consumers spent $21.5 billion on candy in the 52 weeks ended April 30, 2016, and annual sales have grown 2%-4% over the past five years. And candy isn’t just a hit during major holidays like Easter and Halloween, which generates $3.5 billion in sales. Americans are candy lovers through and through, spending more than $17.9 billion on every day, non-seasonal treats. So who’s driving that trend? Sweet-tooth children may be at the top of the list. Nielsen research from third-quarter 2015 about center of store sales found that the request for sweets is highest among families with children under age 18, with the most purchases coming from parents of 3-7 year olds (63%) and 8-12 year olds (65%). As kids reach their teenage years (13-17), candy sales drop to 54%. So what types of confectionary treats are Americans indulging in? Chocolate! This rich and decadent treat remains the preference over non-chocolate candies, generating nearly $11.2 billion in sales in the last 52 weeks. Nonchocolates, however, aren’t far behind. While Americans purchased $6.7 billion worth of nonchocolates over the past year, up 4.7% over the previous period, indicating that non-chocolates are gaining in popularity. Comparatively, chocolate sales were up just less than 2% over the last year. Source: AC Nielsen Eating Habits from the Campaign Trail After review of the recent finance reports of the presidential candidates, it is interesting to note what their favorite restaurant was for feeding themselves and staff. Makes you wonder what will be prepared in the kitchen of the next president. Source: FWX 29 % Donald Trump – McDonalds was 29% of total followed by Jason’s Deli & Subway Hillary Clinton – Dominos was 30% of total followed by Jimmy Johns & Dunkin Donuts 16 % 30 % Bernie Sanders – Panera Bread was 16% of total followed by Dunkin Donuts & Einstein Bros Bagels Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning. – Albert Einstein Want PRESS ON in your inbox, rather than your mailbox? If you’d like to receive this newsletter electronically, simply go to www.ega.com/presson to update your preferences. If you have any questions or comments, or would like more information on the articles featured in this issue of Press On, contact us at 515.280.9765 or via e-mail at [email protected].
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